Leonteq Securities AG Buys 22,754 Shares of The Campbell’s Company $CPB

Leonteq Securities AG grew its stake in The Campbell’s Company (NASDAQ:CPB) by 37.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,970 shares of the company’s stock after acquiring an additional 22,754 shares during the quarter. Leonteq Securities AG’s holdings in Campbell’s were worth $1,870,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Public Employees Retirement System of Ohio boosted its stake in Campbell’s by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock worth $1,913,000 after acquiring an additional 376 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in Campbell’s by 8.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock valued at $142,000 after purchasing an additional 380 shares in the last quarter. New England Asset Management Inc. increased its stake in Campbell’s by 0.6% in the third quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock valued at $2,064,000 after purchasing an additional 380 shares in the last quarter. Horizon Investments LLC raised its holdings in Campbell’s by 10.2% in the fourth quarter. Horizon Investments LLC now owns 4,228 shares of the company’s stock worth $116,000 after purchasing an additional 390 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of Campbell’s by 0.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 90,311 shares of the company’s stock worth $2,517,000 after purchasing an additional 440 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Campbell’s Price Performance

Shares of NASDAQ CPB opened at $23.32 on Friday. The company has a fifty day moving average price of $21.23 and a 200 day moving average price of $23.90. The firm has a market cap of $6.95 billion, a PE ratio of 11.54 and a beta of 0.02. The company has a current ratio of 0.87, a quick ratio of 0.38 and a debt-to-equity ratio of 1.53. The Campbell’s Company has a 1-year low of $19.56 and a 1-year high of $34.17.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings results on Monday, June 8th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. The firm had revenue of $2.37 billion for the quarter. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Research analysts predict that The Campbell’s Company will post 2.19 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s dividend payout ratio (DPR) is currently 77.23%.

Analysts Set New Price Targets

CPB has been the subject of several research analyst reports. Royal Bank Of Canada decreased their price target on shares of Campbell’s from $23.00 to $21.00 and set a “sector perform” rating for the company in a report on Tuesday, June 9th. Barclays dropped their price objective on Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a research note on Monday, June 8th. Zacks Research lowered Campbell’s from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. BNP Paribas Exane decreased their target price on Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a research note on Thursday, April 9th. Finally, Stephens downgraded Campbell’s from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $28.00 to $21.00 in a report on Monday, June 1st. Twelve analysts have rated the stock with a Hold rating and eight have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $21.88.

Campbell’s Company Profile

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.